31 sats \ 3 replies \ @AyCaramba 24 Jul 2023 \ on: Sam Altman’s Worldcoin launches as US users watch and wait bitcoin
I fail to see where the secret (key) is.
Is it your Iris? That is something you can copy and is not protected I am sure. Any good camera can scan your iris.
Iris is just a fingerprint, just like the one on your thumb, and that is the actual "Fingerprint" in cryptography. That is not enough to sign transactions.
You need the secret key somewhere, but I see none. Maybe the Worldcoin company is actually holding your secret on your behalf, which would mean this is a custodial coin and service, a CBDC basically, a centralized database.
Not to mention that the iris (or rather the features extracted from it) probably does not possess sufficient entropy to avoid brute force attacks.
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Even worse, your iris is not static. Disease can change the color/texture of your iris. Imagine putting your life savings into something, and then a disease locks you out of it forever.
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All this to say:
Ignore the noise, and focus on Bitcoin.
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